The preferences of cryptocurrency investors in 2024 surprised many.

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CoinGecko's latest research shows that memecoins are the most sought-after tokens in the crypto market in 2024. In particular, tokens on the Solana and Coinbase's Base blockchain network are attracting investors' attention. These tokens offer informed investors high returns in a short time due to their high volatility and speculative nature.

NEW TREND IN THE CRYPTO WORLD: MEMECOINS AND ARTIFICIAL INTELLIGENCE ARE IN THE SPOTLIGHT

A comprehensive study conducted by CoinGecko recently revealed that memecoins are the assets that attract the most interest from cryptocurrency investors in 2024. In particular, memecoins on the Solana blockchain network and tokens on Coinbase's Base blockchain have captured a remarkable upward trend this year.

According to a report published by CoinGecko analyst Lim Yu Qian, when evaluating traffic data on the platform, interest in memecoins and related categories reached 31%. Lim emphasized that the investment trend in the crypto market in 2024 is shifting towards speculative assets that do not require detailed fundamental analysis.

THEY CHOSE BITCOIN AS AN EXAMPLE

Memecoins accompanying Bitcoin's upward trend have gained 123% in value since the beginning of the year. These tokens, which have high volatility and can sometimes carry fraud risks, can offer informed investors high return opportunities in the short term.

According to the research results, the basic memecoin category saw a 6% increase compared to last year, reaching an interest level of 15%. Memecoins in the Solana ecosystem ranked fourth with an 8% share, while memecoins on the Base blockchain network settled in the eleventh place with a rate of over 2%. Artificial intelligence (AI) and cat-themed memecoins ranked fifteenth and sixteenth with rates of 1.5% and 1.2%, respectively.

According to current data, the memecoin market, which has reached a market value of $113.2 billion, is largely composed of Dogecoin and Shiba Inu. According to the report, AI-focused crypto assets have also managed to attract investors' interest, settling in second place after memecoins with an interest rate rising from 11% to 13%.